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FuboTV Shares Soaring After Venu Sports Legal Win, but There’s a Catch

Aug 19, 2024

FuboTV is still riding high—at least on the stock market—as the high-profile Venu Sports legal battle remains in a holding pattern.

In the first full day of trading following a federal judge placing a preliminary injunction against the debut of Venu Sports—the streaming alliance involving Disney, Fox, and Warner Bros. Discovery—FuboTV shares closed up by 17.6% at $1.80 per share.

Source: Front Office Sports

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